[00:01] published a very surprising study.  Breaking the cryptography that protects Bitcoin would require about 20 times fewer resources than previously thought.  From millions of cubits to less than half a million cubits in a matter
[00:15] of minutes.  And here the noise and panic begin.  Half the internet is telling you, "Sell all your bitcoins now because it's over."  Let's go to the signal.  [music] capable of doing this.  That's why Google itself has set an internal deadline to
[00:29] migrate its security to cryptography by 2029. And organizations like the Ethereum Foundation, Stanford, and Coinbase are collaborating on this study.  And second, and most importantly, the same mathematics that protects Bitcoin
[00:41] also protects your bank, your email, and almost every other system to Bitcoin, it is an even greater threat to the entire internet world.  In fact, if they the last thing I'd worry about, since it would mean that they would have already
[00:55] hacked traditional banking and all the credit cards in the world.  The real danger is not quantum physics, it's the fear surrounding it.  In fact, a technical fact is that in 1999 we were told that Y2K was going to bring down all
[01:09] the planes in the world and even cause banks to collapse.  Spoiler alert: the engineers ended up fixing it and absolutely nothing happened.  So forget the fear and the noise, especially from traditional media.